BTC may fall 1706.00 - 2556.00 USD

Our preference

The downside prevails as long as 69780 is resistance.

72,060.00 Resistance..…

71,210.00 Resistance..

69,780.00 Resistance.

68,596.00 Last

69,780.00 Pivot

66,890.00 Support.

66,040.00 Support..

65,190.00 Support

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 68863 and 69038).

Alternative scenario

The upside breakout of 69780, would call for 71210 and 72060.

$BTC

BTC
BTCUSDT
69,940
+4.68%

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